44AU-C 910 Financial Statements Prepared in Accordance with a Financial Reporting Framework Generally Accepted in Another Country

SCOPE

AU-C 910 applies to engagements for an auditor practicing in the United States to report on the financial statements that have been prepared in conformity with a financial reporting framework generally accepted in another country but not adopted by a body designated by the Council of the American Institute of Certified Public Accountants (AICPA). (AU-C 910.01)

AU-C DEFINITIONS OF TERMS

AU-C 910 contains no definitions.

OBJECTIVES OF AU-C 910

AU-C 910.06 states that:

… the objective of the auditor, when engaged to report on financial statements prepared in accordance with a financial reporting framework generally accepted in another country, when such audited financial statements are intended for use outside the United States, is to address appropriately the special considerations that are relevant to

  1. the acceptance of the engagement,
  2. the planning and performance of the engagement, and
  3. forming an opinion and reporting on the financial statements.

REQUIREMENTS

TERMS OF ENGAGEMENT

Prior to accepting an engagement, the auditor must determine ...

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